The coronavirus pandemic essentially served as a real-world stress test for organizations, and it remains an unpredictable force in our society. Leaders and executives are making significant decisions without reliable…
Nonprofit & Public Sector Payroll Alert: Unemployment Reimbursement Relief Expanded
Many nonprofits and public sector entities elect to use the reimbursable method for unemployment insurance, rather than making regular contributions into the system through payroll taxes. Now, under legislation signed…
RKL Video Update: New Guidance on Employee Payroll Tax Deferral Implementation
On August 28, 2020, the IRS issued guidance on the employee payroll tax deferral included in the president’s executive memorandum earlier that month. The guidance clarified that the deferral is…
Response and Recovery in Focus: Avoiding a COVID-19 Cash Flow Crunch
The coronavirus pandemic essentially served as a real-world stress test for organizations, and it remains an unpredictable force in our society. Leaders and executives are making significant decisions without reliable…
Four-Step Guide to Evaluating Compensation against New Overtime Regulations
New federal regulations, which took effect on January 1, 2020, updated the thresholds that determine whether or not an employee is eligible for overtime. The salary level for overtime exemption…